If you get beyond the political rhetoric [and assembled a group to solve Social Security] it would take them 15 minutes. It would take them 15 minutes only because 10 minutes was used for pleasantries.
ALAN GREENSPANAnd she always has so much fun doing it. We make a good team.
More Alan Greenspan Quotes
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I’m a plain soap kind of guy.
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Well, you probably will always believe there should be laws against fraud, and I don’t think there is any need for a law against fraud.
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We can see that in the inverse relationship exhibited by price/earnings ratios and the rate of inflation in the past.
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Significantly opening up immigration to skilled workers solves two problems.
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If you think you understand what I am saying you do not understand what I am saying.
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All taxes are a drag on economic growth. It’s only a question of degree.
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The recent evidence increasingly suggests that an economic expansion is already well under way, although an array of influences unique to this business cycle seems likely to moderate its speed.
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I was a fairly good amateur musician, and I was an average professional. But the one thing I saw was that the big band business was fading.
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Indeed, better risk management may be the only truly necessary element of success in banking.
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I didn’t believe in absolutes, moral or otherwise. If I couldn’t prove a proposition with facts and figures, it was without merit.
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I do not deny that many appear to have succeeded in a material way by cutting corners and by manipulating associates, both in their professional and in their personal lives.
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Excessive optimism shows the seeds of its own reversal in the form of imbalances that tend to grow over time.
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In the process we have created [a] privileged elite whose incomes are being supported at non-competitively high levels by immigration quotas on skilled professionals.
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The problem is not lack of regulation but unrealistic expectations. What we confront in reality is uncertainty, some of it frighteningly so…
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The tub helps me relax, and it’s a great place to read.
ALAN GREENSPAN